As law firms battle through the crisis, everyone has to dig in and do their part. While no one can be sure what challenges the future will bring, for Iñigo Gómez-Jordana, Managing Partner
When helping clients who are facing late or non payments, says Fernando Díaz Barco, the worst thing lawyers can do is to do nothing
Law firms across Portugal are facing an uphill battle against a wealth of challenges. Severe austerity measures, wounded clients, cost cutting, price wars, managing talent and downsizing are among some of the issues faced.
Portugal has a long history of international trade, which has been particularly pertinent following the EU bailout, says Miguel Castro Pereira, Managing Partner of Abreu Advogados.
With partner performance driving the revenue of law firms, making sure everyone is working at their best is top of the agenda
The hiring and development of young lawyers is now a priority for Portuguese practices, says Duarte Garin, Managing Partner of Uría Menéndez-Proença de Carvalho.
While Portuguese companies are doing well in Angola and Mozambique, when repatriating dividends and profits, however, many are facing unfavourable tax treatment
Portuguese law firms are finally facing up to the economic environment, and acknowledging that cutting costs and a little imagination are a way out
The influence of Lisbon’s legal elite is spreading to Africa, says Benjamim Mendes, Founding Partner of ABBC & Associados.
Being business-oriented, helping struggling clients export their business and taking advantage of the Portuguese-speaking Community are key to mitigating the crisis
